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U.S. Proposes Federal Regulations for Stablecoins Under GENIUS Act

4/2/2026

Summary

Story summary

The U.S. Treasury Department has proposed regulations to implement the GENIUS Act, the first federal law on stablecoins.
The proposal sets principles for state-level regulatory regimes aligned with federal standards.
It allows stablecoin issuers with total issuance under $10 billion to opt into state regulation.
Public comments on the proposed rules will be accepted for 60 days.
State regulators seek parity with federal agencies in enforcing these standards.

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Story summary

The U.S. Treasury Department has proposed regulations to implement the GENIUS Act, the first federal law on stablecoins.
The proposal sets principles for state-level regulatory regimes aligned with federal standards.
It allows stablecoin issuers with total issuance under $10 billion to opt into state regulation.
Public comments on the proposed rules will be accepted for 60 days.
State regulators seek parity with federal agencies in enforcing these standards.